Tag: Nigeria
-
Russia Approves Military Cooperation with DRC
•
The Russian government has approved a draft military cooperation agreement with the Democratic Republic of the Congo (DRC), as announced in a government resolution posted on the official portal of legal information. The agreement, which was submitted by the Russian defense ministry and coordinated with the Russian foreign ministry and…
-
Nigeria’s BRICS Membership
•
Evaluating the Potential Impact In recent discussions surrounding the BRICS alliance, Nigeria’s potential membership has emerged as a topic of interest. Despite the recent admission of six new members – Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE – Nigeria did not join, prompting speculation about its intentions regarding…
-
767 Manufacturing Firms Shut Down Due to New Levy in Nigeria
•
In 2023, Nigeria saw 767 manufacturing firms shut down, with another 335 in distress, according to the Manufacturers Association of Nigeria (MAN). These closures and distresses are due to the many challenges the sector faces, like high interest rates, foreign exchange issues, and unsold products worth N350 billion. The newly…
-
The Situation in Nigeria
•
ObserversLook Says Nigeria Is Going Downhill Recent events in Nigeria have highlighted the challenges facing the nation, particularly in terms of economic hardship and food security. The looting of a warehouse belonging to the Federal Capital Territory (FCT) Department of Agriculture in Abuja is just one example of the desperation…
-
Peter Obi: Politician of 2023
•
Former Presidential Candidate Urges Unity Peter Obi’s recent accolade as the Politician of the Year 2023 by the Leadership Newspapers Group Limited adds another feather to his cap, further solidifying his status as a prominent figure in Nigerian politics. Beyond this recognition, Obi’s journey from a former Governor of Anambra…
-
Correction: UAE Visa Ban on Nigerian Travelers Not Yet Lifted
•
The Federal Government of Nigeria has clarified that the United Arab Emirates (UAE) is yet to lift the visa ban imposed on Nigerian travelers. This update comes after earlier reports suggested that the ban had been lifted following discussions between President Bola Tinubu and President of the UAE, Sheikh Mohammed…
-
Exit Exodus: Nigeria’s Policy Pitfalls
•
In the wake of recent events involving Binance’s departure from Nigeria, it’s crucial to examine the broader context of company exits that have occurred in the country. These exits, ranging from startups to multinational corporations, raise questions about the impact of Nigeria’s economic policies on businesses and the overall economy.…
-
The Case of Binance and Nigeria
•
Recent developments involving Binance, a cryptocurrency platform, and the Nigerian government have raised questions about ethical practices in governance. The government has accused Binance of illegal transactions and is reportedly seeking retribution of at least $10 billion. However, Binance has denied these claims, stating that they are not in talks…